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El Salvador moves forward with trade facilitation plan

The Minister of Economy, María Luisa Hayem, together with government officials and representatives of the productive sectors, held the second annual meeting of the National Trade Facilitation Committee, where they presented the progress of the 2022 Action Plan as of the first quarter.

Within this framework, Minister Hayem highlighted that 90% of the activities foreseen in the plan were executed within the corresponding deadlines and listed several achievements.

Among these, she highlighted the launching of the electronic apostille platform, the progress of the improvement plan for border post facilities and road infrastructure, which represents an investment of approximately $230 million, and the improvement of regulations and the use of Information Technologies (ICT’s).

“The achievements of the first quarter of 2022 are a good starting point to comply with the measures of the Committee’s Action Plan, which will allow us to continue to streamline foreign trade, improve business competitiveness and sustainable development,” said the official.

In this regard, the executive president of the Inter-Union Commission for Trade Facilitation (Cifacil), Carmen Aída Meardi, pointed out that “trade facilitation is one of the priorities to accelerate economic growth and job creation”, and therefore the private sector welcomes government initiatives to promote this commercial methodology.

In this sense, he asked that the transformation of the processes required to exporters be deepened in order to consolidate the impulse of Salvadoran sales abroad.

“Our call is that through the bilateral relations of the different institutions, the formalities of exports, the requirements, the documentation, should be examined in order to guarantee the quick release and customs clearance of our export merchandise in the rest of Central America”, said Meardi.

For his part, the Secretary of Trade and Investments, Miguel Kattan, indicated that the country is undergoing an important transformation process, but for its effective implementation it is essential to generate understandings between the Government and private enterprise.

“The process] has to lead to a better functioning that we need as a country, that companies need to strengthen and grow their businesses and that the public sector also needs to achieve the necessary income to generate sustainability in the execution of procedures and in the technological growth of the institutions”, he said.